Financial Engines (FNGN) Tops Q3 EPS by 1c; Will Acquire The Mutual Fund Store in $560M Deal
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Financial Engines Reports Third Quarter 2015 Financial Results
November 5, 2015 4:07 PM ESTFinancial Engines to Acquire The Mutual Fund Store to Expand Independent Advisory Services for 401(k) Plan Participants
Provides Outlook for Fiscal Year 2016
SUNNYVALE, Calif.--(BUSINESS WIRE)-- Financial Engines (NASDAQ: FNGN), Americas leading independent investment advisori, today reported financial results for its third quarter ended September 30, 2015.
Financial results for the third quarter of 2015 compared to the third quarter of 2014:ii
Revenue increased 8% to $78.8 million for the third quarter of 2015 from $72.8 million for the third quarter of 2014.... MoreFinancial Engines to Acquire The Mutual Fund Store to Expand Independent Advisory Services for 401(k) Plan Participants
November 5, 2015 4:04 PM ESTAdds comprehensive financial planning and dedicated in-person advisors at over 125 locations Leverages Financial Engines technology platform to provide high-touch services at scale Expect approximately 25% accretion to 2016 adjusted earnings per share and higher growth Warburg Pincus to become approximate 12.5% Financial Engines stockholder and join board
SUNNYVALE, Calif.--(BUSINESS WIRE)-- Financial Engines (NASDAQ: FNGN), a leading independent investment advisor1, today announced that it has signed a definitive agreement to acquire The Mutual Fund Store, L.L.C. (The Mutual... More
